63C Walleye Dr Hilham, TN 38568
This exceptional 0.58-acre commercial land parcel, located at 63C Walleye Drive in Hilham, Tennessee, presents a unique investment opportunity. The property boasts a rolling slope and measures 26,265 square feet. Situated within a gated community, it offers access to an array of amenities including a clubhouse with a pool, fitness room, game room, playground, and fully equipped kitchen. Residents and guests can enjoy the Sunset Pavilion, featuring an outdoor kitchen, firepit, stone fireplace, and breathtaking views of Dale Hollow Lake. The community is characterized by undisturbed wildlife, adding to its natural beauty and charm. Explore the nearby historic towns, offering unique shopping and dining experiences. Convenient access to marinas, state parks, a fishery, and wineries enhances the lifestyle appeal. For those needing larger city amenities, Cookeville is approximately 35 minutes away, while Nashville is roughly 90 minutes distant. This property is ideal for those seeking a tranquil yet conveniently located setting to build their dream commercial venture. The zip code is 38568, and the property is in Clay County. The asking price for this remarkable opportunity is $64,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.